Ondas Holdings Appoints Joe Popolo to Board of Directors, Expanding Strategic Vision and Strengthening Leadership
Popolo is Ondas Holdings' largest shareholder with approximately 19% beneficial ownershipMARLBOROUGH, MA / ACCESSWIRE / April 1, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless …
Popolo is Ondas Holdings' largest shareholder with approximately 19% beneficial ownership
MARLBOROUGH, MA / ACCESSWIRE / April 1, 2024 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announces the appointment of Joe Popolo to its Board of Directors. Mr. Popolo, recognized for his transformative leadership and strategic acumen, brings a distinguished track record of success to the Ondas team.
Mr. Popolo has made a substantial investment in Ondas Holdings, demonstrating his strong belief in the Company's direction and growth prospects. With his current stake of approximately 19% beneficial ownership, Popolo's investment closely aligns his interests with those of other shareholders, affirming a shared confidence in Ondas' potential to lead its markets in industrial wireless networks and in commercial drones.
Throughout his extensive career, Joe Popolo has consistently delivered exceptional results and spearheaded transformative initiatives in leadership roles. As the Founder and CEO of Charles & Potomac Capital, LLC, he has cultivated a diverse portfolio of investments spanning technology, healthcare, media, energy, and real estate. His strategic foresight and commitment to excellence have propelled numerous businesses to new heights, driving sustainable growth and maximizing shareholder value.
During his tenure leading Freeman Company, Joe Popolo orchestrated a remarkable evolution, propelling the organization to become the foremost live event and brand experience company worldwide. Under his leadership, Freeman achieved unprecedented growth, expanding revenue to $3 billion and established a global footprint across four continents. His visionary leadership and strategic acumen were instrumental in navigating complex mergers and acquisitions, including the successful sale of Freeman's Encore Event Technology subsidiary to Blackstone in 2019.
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"We are delighted to welcome Joe to Ondas' Board of Directors," said Eric Brock, Ondas Chairman and CEO. "Joe's extensive experience, demonstrated by a long track record of successfully building and operating businesses, will be invaluable. His significant financial commitment aligns directly with Ondas' shareholders, and I am confident that together with our existing board members and management team, we will create substantial shareholder value in the quarters and years ahead."